Veteran financier James P. Owen shares his new perspective on Wall Street and how the Code of the West can and should be applied to business practices and the corporate world. The book is beautifully illustrated with David Stoecklein's western photography
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Having been rocked by one damaging revelation of misbehavior after another, Wall Street is in a state of crisis. Investors are disgusted by the misdeeds of a few and suspicious of the industry at large. Every firm finds its integrity open to question. Regulators are up in arms. And the industry is facing billions of dollars in costs to comply with a floodtide of new regulations.
But imagine what could happen if Wall Street firms looked back to a simpler time when a handshake was enough to seal a deal, and right and wrong were as clear as black and white. What if executives, portfolio managers, analysts, and traders decided that some things aren’t for sale? What if every major investment firm agreed to live by the principle that the client always comes first?
In words and images, Cowboy Ethics explores the life and code of the working cowboy as a source of inspiration pointing the industry to a way out of its troubles.
The book is intended as the catalyst for a movement to transform the industry – not with the carrot and stick, but from the inside out – one person, firm, and organization at a time.
James P. Owen is a 35-year veteran of Wall Street. He is an Owner/Partner of Austin Capital Management in Austin, Texas, and its Director of Corporate Values. He is Co-founder of the Investment Management Consultants Association (IMCA) and serves as Chairman Emeritus. Jim is the author of the financial bestseller, The Prudent Investor: The Definitive Guide to Professional Investment Management (McGraw-Hill, 1990), and The Prudent Investor's Guide to hedge Funds: Profiting From Uncertainty & Volatility (John Wiley & Sons, 2000). He and his wife Stanya have two children and live in Santa Barbara, California.
David R. Stoecklein has worked closely with ranchers and cowboys from every Western state. Through his work, he has gained a deep understanding of and respect for cowboys. His quest to keep the spirit of the West alive is heartfelt and uncompromising. David spends every free moment photographing cowboys and all elements of their lives, preserving their heritage and traditions. David resides in Sun Valley with his wife, Mary, and their three sons.
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Book Description Stoecklein Publishing, 2005. Hardcover. Book Condition: New. book. Bookseller Inventory # 1933192666